Genie Music Corporation
KT Genie Music Corporation engages in planning, production, and distribution of music and video content in South Korea. It is also involved in the music business based on wired and wireless Internet; content planning; performance business; subscription service for e-books and paper books; and software development and supply, as well as provision of database and online information services. The co… Read more
Genie Music Corporation (043610) - Total Assets
Latest total assets as of September 2025: ₩360.94 Billion KRW
Based on the latest financial reports, Genie Music Corporation (043610) holds total assets worth ₩360.94 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Genie Music Corporation - Total Assets Trend (2005–2024)
This chart illustrates how Genie Music Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Genie Music Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Genie Music Corporation's total assets of ₩360.94 Billion consist of 52.3% current assets and 47.7% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩3.00 Billion | 15.9% |
| Accounts Receivable | ₩58.10 Billion | 16.5% |
| Inventory | ₩343.73 Million | 0.1% |
| Property, Plant & Equipment | ₩7.03 Billion | 2.0% |
| Intangible Assets | ₩22.83 Billion | 6.5% |
| Goodwill | ₩86.26 Billion | 24.5% |
Asset Composition Trend (2005–2024)
This chart illustrates how Genie Music Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Genie Music Corporation's current assets represent 52.3% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 15.9% of total assets in 2024, up from 9.8% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 25.0% in 2005.
- Asset Diversification: The largest asset category is goodwill at 24.5% of total assets.
Genie Music Corporation Competitors by Total Assets
Key competitors of Genie Music Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
|
Asia Economy Daily Co Ltd
KQ:127710
|
Korea | ₩332.91 Billion |
Genie Music Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Genie Music Corporation generates 0.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Genie Music Corporation is currently not profitable relative to its asset base.
Genie Music Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.96 | 1.51 | 2.06 |
| Quick Ratio | 1.95 | 1.50 | 2.06 |
| Cash Ratio | 0.00 | 0.02 | 0.00 |
| Working Capital | ₩97.14 Billion | ₩ 66.78 Billion | ₩ 86.70 Billion |
Genie Music Corporation - Advanced Valuation Insights
This section examines the relationship between Genie Music Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.64 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -13.5% |
| Total Assets | ₩352.43 Billion |
| Market Capitalization | $26.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Genie Music Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Genie Music Corporation's assets decreased by 13.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Genie Music Corporation (2005–2024)
The table below shows the annual total assets of Genie Music Corporation from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩352.43 Billion | -13.54% |
| 2023-12-31 | ₩407.62 Billion | +19.85% |
| 2022-12-31 | ₩340.10 Billion | +10.76% |
| 2021-12-31 | ₩307.06 Billion | +22.56% |
| 2020-12-31 | ₩250.54 Billion | +8.21% |
| 2019-12-31 | ₩231.53 Billion | +4.29% |
| 2018-12-31 | ₩222.00 Billion | +59.15% |
| 2017-12-31 | ₩139.49 Billion | +26.72% |
| 2016-12-31 | ₩110.08 Billion | +50.69% |
| 2012-12-31 | ₩73.05 Billion | +162.39% |
| 2011-12-31 | ₩27.84 Billion | -15.34% |
| 2010-12-31 | ₩32.89 Billion | -21.56% |
| 2009-12-31 | ₩41.93 Billion | +8.41% |
| 2008-12-31 | ₩38.67 Billion | -19.45% |
| 2007-12-31 | ₩48.01 Billion | -1.47% |
| 2006-12-31 | ₩48.73 Billion | -9.19% |
| 2005-12-31 | ₩53.65 Billion | -- |